Bank of England must plan for a financial crisis triggered by aliens, says former policy expert

The UK must plan for a financial crisis that would be triggered if the US government announces that aliens exist, a former Bank of England expert has said.

Helen McCaw, who served as a senior analyst in financial security at the UK’s central bank, has written to Andrew Bailey, the Bank of England’s governor, urging him to set out contingencies in case the White House ever confirms the existence of alien life, according to The Times.

Ms McCaw, who worked for the Bank of England for 10 years until 2012, said politicians and bankers can no longer afford to dismiss talk of alien life, and warned a declaration of this nature could trigger bank collapses.

She reportedly said: “The United States government appears to be partway through a multi-year process to declassify and disclose information on the existence of a technologically advanced non-human intelligence responsible for Unidentified Anomalous Phenomena (UAPs).”